NOT LISTED FOR SALE

1314 Magnolia Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,050,000 - $1,411,000

4 Beds
4 Baths
2,627 Sq Ft
$480/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $875,000 $333 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,628/month

124 Days on Market

Highlights

  • No HOA
  • Living Room
  • Front Yard
  • Neighborhood Views

About This Home

As of April 2019

Opportunity awaits! Craftsman style, 4 unit complex now available! Live, work and play in the City of Angels while collecting a rental stream of income as well. 2 rear units located on the second floor are 1 bedroom and 1 bathroom each. The first floor of the second building contains a large work space 3/4 bathroom awaiting the correct imagination to put to grand use. The front home is a well taken care of Craftsman Home. It houses the two remaining units each with private entry. One is a 2 bedroom and 1 bathroom and the second is a private studio with it's own kitchenette and private bathroom. Reach out and make it yours now! :-))

Last Agent to Sell the Property

Filip Crispino

Keller Williams Luxury License #01955402 Listed on: 10/14/2018

Keller Williams Luxury

Last Buyer's Agent

David Medina

AFD REALTY, INC. License #01921935

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,490 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Split Level Home
  • Quadruplex

Interior Spaces

  • 2,627 Sq Ft Home
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 210
  • Tax Tract Number 2211
  • Assessor Parcel Number 5056007005

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 5056007005
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2627.00 Square Feet
  • Common Walls: 1 Common Wall
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Price Per Square Foot: 333.08
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5490.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5490.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2211.10
  • Tax Lot: 210
  • Tax Tract Number: 2211.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2018
Closed on
Mar 12, 2019
Sold by
Casetta Dora Patricia and Soto Terry Jenny
Bought by
Ammour Samir
Seller's Agent
Filip Crispino
Keller Williams Luxury
Buyer's Agent
David Medina
AFD REALTY, INC.
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%
Current Estimated Value
$1,262,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,077
Avg. Annual Appreciation
5.67%
Original Mortgage
$787,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ammour Samir $875,000 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ammour Samir $787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $875,000 -10.3% $333 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
10/14/2018 10/14/18 For Sale $975,000 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,950 $976,074 $730,662 $245,412
2024 $11,950 $956,936 $716,336 $240,600
2023 $11,725 $938,174 $702,291 $235,883
2022 $11,191 $919,779 $688,521 $231,258
2021 $11,045 $901,745 $675,021 $226,724
2019 $9,948 $43,544 $18,433 $25,111
2018 $761 $42,697 $18,072 $24,625
2016 $701 $40,753 $17,371 $23,382
2015 $693 $40,142 $17,111 $23,031
2014 $725 $39,356 $16,776 $22,580
Source: Public Records

Agents Affiliated with this Home

  • Filip Crispino

    Seller's Agent in 2019

    Filip Crispino

    Keller Williams Luxury

    (818) 635-6743

    78 Total Sales

    Filip Crispino
    Section Image
  • David Medina

    Buyer's Agent in 2019

    David Medina

    AFD REALTY, INC.

    (323) 369-7705

    20 Total Sales

    David Medina
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18250016

California Regional Multiple Listing Service (CRMLS)

APN: 5056-007-005

California Los Angeles County Los Angeles 90006 Pico-Union

1314 Magnolia Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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